CNET News.com: "Merrill Lynch on Wednesday said it has raised its second-quarter revenue and earnings-per-share estimates for Google, while maintaining net revenue and earnings-per-share estimates for Yahoo.
The brokerage maintained its 'buy' rating on Google and its 'neutral' rating on Yahoo.
Merrill Lynch raised its estimates for Google based on strong search query trends and currency benefits. The brokerage also expects second-quarter advertising revenue growth for Google to continue to be significantly higher than its peers, including Yahoo and Microsoft.
In a research note, Merrill Lynch said it expects Google to continue to remain competitive for distribution partners and potentially gain search share over the next couple quarters, helped by toolbar deals with Dell and Adobe Systems. "
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